Member Info for Sonic80

Excellent news all round. Looks strong for a bull run from here IMHO.

It’ll rise soon enough IMHO...

Thanks for sharing the podcast info. More positivity.
The 13 million shares bought in quick succession yesterday afternoon looks like someone buying up just under the 3% declaration threshold.
Not surprised at all that investors are starting to take more note of the opportunity at BRD. Market cap is crazy low, and the company now looks to be turning a corner and setting off on a strong upward trajectory. Production up, grades up, well funded, and while the company is still only valued at £1.5 million, I wouldn’t be surprised if more investors try to grab their own hoard of 13 million shares in one go...

Or is it just ADVFN not registering cancelled grades properly....

Can anyone explain the sudden flurry of buying this afternoon?
Third highest volume day ever, all buys, and all in the space of about 15 minutes.

No problem. Sorry it must have sounded like gibberish initially! I was out and about, and wrote on my phone, so please excuse typos (I do know the difference between to and too, for example!). I think using ‘greater than’ and ‘less than’ signs inadvertently erased some of the text, and I couldn’t work out what had happened for a while. It wasn’t my intension to clog up the board with repeated posts! Sorry.

Anyway, it was unfortunate that the line to South Africa was so bad, much like on one of the recent proactive investor interviews. So it was difficult to hear all the conference call. Hopefully they recorded it their end, so they can put out a good quality version for all to hear. But it’s not the end of the world if not.

I remain very positive on BRD for all the reasons in recent posts, and as highlighted by the CEO in recent RNSs and interviews. The company seems to be at a real turning point, with the market cap seeming way too low for the current position the company is in. I look forward to the 2019 forecasts in Feb, as well as confirmation of moving to 7-day operations. Looks positive to me from here. And I like the fact that it is still well under the radar at the moment. Happy for BRD to continue quietly going about their business. 2019 should be a good one IMHO.

Line from Kimberley for conference call unfortunately a bit noisy. But the bits I caught sounded very positive:

Mining operations going well.
Minimal downtime expected in 2019.
No staffing issues with increasing to 24/7, 7-day week operations, which will see 40% increase in throughput.
Value of diamonds in resource worth over $124 million. Only mined less than 5% of resource so far. Other mine acquisitions also expected in due course.
Grades improving all the time, and also numbers of individual stones worth over $10k increasing as well. 25 in 2018, compared to 18 in 2017, and less than 10 the years before that.

Happy to be invested here. £1.5 million market cap looking way to low IMHO.

Sorry for clogging board with copy and paste issues. If anyone else listened to the call, would be interested to hear opinions...

Only mined... less than 5% of resource so far. Other mine acquisitions also expected in due course.
Grades improving all the time, and also numbers of individual stones worth over 10k...

Aaaah! Sorry for clogging board, last attempt at last few points...

> $124 million resource. Only mined $10k increasing as well. 25 in 2018, compared to 18 in 2017, and < 10 the years before that.

Sorry, copy and paste issues. Hopefully right this time...

Line from Kimberley for conference call unfortunately a bit noisy. But the bits I caught sounded very positive:
Mining operations going well.
Minimal downtime expected in 2019.
No staffing issues with increasing to 24/7, 7-day week operations, which will see 40% increase in throughput.
> $124 million resource. Only mined $10k increasing as well. 25 in 2018, compared to 18 in 2017, and < 10 the years before that.

Happy to be invested here. £1.5 million market cap looking way to low IMHO.

Line from Kimberley for conference call unfortunately a bit noisy. But the bits I caught sounded very positive:
Mining operations going well.
Minimal downtime expected in 2019.
No staffing issues with increasing to 24/7, 7-day week operations, which will see 40% increase in throughput.
> $124 million resource. Only mined $10k increasing as well. 25 in 2018, compared to 18 in 2017, and < 10 the years before that.

Happy to be invested here. £1.5 million market cap looking way to low IMHO.

Line from Kimberley for conference call unfortunately a bit noisy. But the bits I caught sounded very positive:
Mining operations going well.
Minimal downtime expected in 2019.
No staffing issues with increasing to 24/7, 7-day week operations, which will see 40% increase in throughput.
> $124 million resource. Only mined $10k increasing as well. 25 in 2018, compared to 18 in 2017, and < 10 the years before that.

Happy to be invested here. £1.5 million market cap looking way to low IMHO.

I think your timing could work out very well. BRD look to be building some momentum. Conference call at 10 am will hopefully be of interest. Looking strong for 2019 IMHO.

I agree that a £10 million market cap / 2 p share price is realistic if BRD hit profitability in 2019 by hitting targets of > 300k tonnes at > 4 cpht. The current £1.4 million market cap / 0.3 p share price certainly seems too low IMHO.

* 7 days per week, 24 hours a day...
40% increase in processing time should help bolster revenues significantly for 2019.

Good to hear that work has already recommenced after Christmas break, 7-day 24/7 operations starting 4th of Feb, and 2019 mining all to be done from higher grade KV1, with its inferred grade of 6.3 cpht. Looks strong from here IMHO.

Expect grades at the 2 pipes KV1 and KV2 to continue improving in 2019 towards their inferred grades of 6.5 and 4.5 cpht respectively, as the mining levels get deeper.

Q4 grade rising to 4 cpht is great news. Market cap way too low down here. Should be many multiples of current IMHO. Expecting a steady rerate.

Producing diamond miner.
Well funded.
Grades improving all the time.
Production levels ramping up.
BOD with skin in the game.
Tiny market cap.
News imminent.

Your timing looks perfect!

They currently have money in the bank after previous placing. I’m not expecting another placing for a while, if at all. They have stated profitability would be achieved with 10,000 carats per annum, which looks well on course for 2019. A 350k tonne / 4 cpht estimate for 2019 would be 14,000 carats, which would equate to $1.4m profit. 400k tonnes at 5 cpht would be 20,000 carats, and $3.5m profit. I would expect those to be the rough ranges for the 2019 estimate.

This looks set to rise significantly from the current £1.25m market cap IMHO.